India's resources imports from the world in 2005 (USD 72 billion)
Oil 58.2% | Gold 16.2% | Diamonds 14.6% | Coal 5.3%
Copper ore 1.1% | Others 4.6%
China's resources imports from the world in 2005 (USD 104 billion)
Oil 59.2% | Iron ore 17.5% | Diamonds 1.9% | Coal 1.3% | Copper ore 3.5%
Aluminium 2.5% | Others 14.1%
India is the world’s largest importer of gold. Australia’s non-monetary
gold exports to India surged in 2003-04 following the reform of India’s
gold trading regime, aimed at encouraging India’s jewellery export
industry. There is substantial domestic demand in India for gold,
particularly in rural India, which is increasing with growth in
incomes. In 2005-06, non-monetary gold accounted for $2.8 billion,
or 32 per cent of Australia’s exports to India
India is also the world’s fourth largest importer of diamonds. Australia
has a large, but indirect, diamond trade with India. Global marketing
arrangements for diamonds result in most of our diamonds being recorded
as exports to Belgium and the UK, where almost all are re-exported to
India for cutting and polishing. In 2005-06, Australia’s diamond exports
to Belgium and the UK amounted to $662 million.
Australian imports from Spain grew by 7 per cent in 2006
to $A1.38 billion due to increased imports of goods ...
Bilateral relations between Australia and Spain are steadily expanding.
Spain offers significant potential as a partner for Australia, both in
the business sphere and in international relations. Similarly,
Australia's economic size and strength, and our global and regional role,
are increasingly being recognised by Spain as it seeks to play a more
substantial role in the Asia Pacific region.
The major items Imported by India from US
Engineering goods and machinery including electrical machinery contribute
to over 27% of the total US exports to India. US exports of these items
grew from US$ 2.47 billion in 2005 and to US $ 2.76 billion in 2006.
Import of precious stones and metals from US to India grew from
US $ 736 million in 2005 to US $ 924 million in 2006.
Optical and medical instruments grew from US $ 591 million in 2005 to
US $ 688 million in 2006.
Import of aircraft, aviation machinery and parts grew from US $ 665
million in 2005 to US $ 1623 million in 2006.
Import of fertilizers grew from US $ 446 million in 2005
to US $ 587 million in 2006.
The major items Imported by US from India are:
Cut and polished diamonds and Jewellery is a major item of India’s exports
to the US, accounting for 26.9%. Exports of this item grew
from US $ 5.03 billion in 2005 to US $ 5.86 billion in 2006.
Textiles imports from India grew from
US $ 4.9 billion in 2005 to US $ 5.38 billion in 2006.
Engineering goods and machinery including electrical machinery grew
sharply from US $ 1.48 billion in 2005 to US $ 2.20 billion in 2006.
Mineral and fuel oils imports fell substantially from US $ 728 million
in 2005 to US $ 400 million in 2006
Imports of organic chemicals from India grew from US $ 638 million in 2005
to US $ 880 million in 2006
Import of vehicles and parts (excluding railway) to the US grew from
US$ 439 million in 2005 to US $ 487 million in 2006.
The most significant buyer of canned white button mushroom is Germany.
This country alone accounts for almost 40% of the world imports.
USA also imports canned mushroom, accounting for about 19% of the
world imports |